News Clip11:03
Bloomberg

Summers on the Current State of the Economy

Higher Ed
Former US Treasury Secretary Lawrence H. Summers explains why the US economy is still hard to read and why the Fed has difficult choices ahead.
News Clip5:10
Bloomberg

Summers: Still Looking at a 'Hard to Read Economy'

Higher Ed
Former US Treasury Secretary Lawrence Summers comments on the current state of the US economy during an interview with David Westin on "Wall Street Week Daily." Follow Bloomberg for business news & analysis, up-to-the-minute market...
News Clip7:10
Bloomberg

Zombie Companies

Higher Ed
Sonja Gibbs, Head of Sustainable Finance Institute of International Finance discusses the cause and effect of zombie companies, and weighs in on how companies can renegotiate debt. She also dives into the challenges facing emerging and...
News Clip2:45
Bloomberg

Green Energy Transition: Biodiversity Finance

Higher Ed
BloombergNEF estimates that the global economy could plunge by $2.7T in seven years, due to biodiversity loss. That would also impact food security and disrupt supply chains. BNEF's sustainable agriculture analyst Hugh Bromley explains....
News Clip4:28
Bloomberg

Milken Doesn't See Deeper Troubles in Financial System

Higher Ed
"It's interest-rate losses, it's not credit losses, that are rolling through." Michael Milken, founder of the Milken Institute, shares his views on the banking crisis and the bond market. He speaks with Haslinda Amin on "Bloomberg...
News Clip1:22
Bloomberg

Bank Crisis to Cause Systemic 'Ripples': Morgan Stanley

Higher Ed
Morgan Stanley Wealth Management CIO Lisa Shalett comments on what a credit contraction might mean for the US economy during an interview with Jonathan Ferro on "Bloomberg The Open." Follow Bloomberg for business news & analysis,...
News Clip2:01
Bloomberg

PGIM's Collins Sees 100Bps Wider High-Yield Spreads

Higher Ed
Michael Collins, senior portfolio manager at PGIM Fixed Income, says the spreads in high-yield credit are likely to widen as corporate defaults rise. "We think as a shop that credit spreads will probably probably should push 100 basis...
News Clip11:47
Bloomberg

Bank of Italy Governor Ignazio Visco Full Interview

Higher Ed
Bank of Italy governor and European Central Bank Governing Council member Ignazio Visco discusses inflation, monetary policy and risks to financial stability. He talks with Francine Lacqua on "Bloomberg Markets: European Open."
News Clip1:45
Bloomberg

Apollo to Hire India Credit Chief

Higher Ed
Private equity giant Apollo Global Management Inc. is recruiting a leader for its credit team in India on expectations its debt market will grow as companies look for new funding avenues. Menaka Doshi and Preeti Singh report on Bloomberg...
News Clip11:24
Bloomberg

Blackstone's Gray on First-Quarter, Real Estate, Private Credit

Higher Ed
Blackstone Group Inc. President Jonathan Gray discusses the firm's first-quarter performance, outlook for real estate, and private credit strategy on "Bloomberg Surveillance."
News Clip1:49
Bloomberg

The US Debt Ceiling Makes No Sense: Opinion

Higher Ed
Bloomberg Opinion contributor Kyla Scanlon says the US debt ceiling debate makes no sense.
News Clip1:53
Bloomberg

El-Erian Sees a Credit Contraction, Not a Credit Crunch

Higher Ed
Mohamed El-Erian, a Bloomberg Opinion columnist, says the distribution effects of the current credit contraction will unfortunately hit small businesses harder than big businesses during an interview with Jonathan Ferro on "Bloomberg The...
News Clip4:36
Bloomberg

States Well-Positioned for Recession, Fitch's Kim Says

Higher Ed
"States generally are in a solid position to deal with the downturn we expect to come," Eric Kim, Fitch Ratings senior director and head of state government ratings, says on "Bloomberg Markets: The Close." Follow Bloomberg for business...
News Clip3:52
Bloomberg

The Risk of Zombie Companies as Rates Rise

Higher Ed
Sonja Gibbs, Institute of International Finance Head of Sustainable Finance discusses the cause and effect of zombie companies. She speaks with David Westin on "Wall Street Week Daily." Follow Bloomberg for business news & analysis,...
News Clip1:11
Bloomberg

More Pain Ahead for Bank Stocks: Morgan Stanley's Skelly

Higher Ed
Daniel Skelly, Morgan Stanley's head of wealth management, market research and strategy, says he's "relatively cautious" on banks during an interview with Jonathan Ferro on "Bloomberg The Open." Follow Bloomberg for business news &...
News Clip4:00
Bloomberg

El-Erian Worried Banking 'Cancer' Starting to Spread

Higher Ed
Mohamed El-Erian, a Bloomberg Opinion columnist, says the US is in "phase two" of the banking crisis and warns that the financial system lacks "anchors" right now during an interview with Jonathan Ferro on "Bloomberg The Open."...
News Clip10:12
Bloomberg

First Look With Surveillance: Fed Flags, SBB Slumps

Higher Ed
Anna Edwards and Kriti Gupta take you through what to watch today.
News Clip4:40
Bloomberg

Why BlackRock Is Betting on Private Markets

Higher Ed
BlackRock is shaking up its alternatives business as the firm seeks to build more focused teams for private credit and direct equity strategies. Sri Natarajan has more on "Bloomberg Markets: The Close." Follow Bloomberg for business...
News Clip7:36
Bloomberg

Blue-Chip Names are Winning: Hyman

Higher Ed
Ann Berry, Threadneedle Founder & Managing Partner discusses the deals market. She speaks with David Westin and Romaine Bostick on "Wall Street Week Daily." Follow Bloomberg for business news & analysis, up-to-the-minute market data,...
News Clip2:10
Bloomberg

Why Marathon's Richards Sees 'Golden Era' for Credit

Higher Ed
Marathon Asset Management CEO Bruce Richards says lending to "good companies that will make it through" the distressed-debt cycle he sees will drive the "best returns we'll see in a generation." He speaks on "Bloomberg Markets." Follow...
News Clip6:50
Bloomberg

Barclays Asia Pacific's Chang on China's Economy

Higher Ed
Barclays Asia Pacific's Chief China Economist Jian Chang discusses China's April trade data and her outlook on the broader economy. She speaks with David Ingles and Yvonne Man on "Bloomberg Markets: China Open".
News Clip8:53
Bloomberg

UBS Analyst on Recent Frenzy Over China banks

Higher Ed
May Yan, Head of Greater China Financials IB Research at UBS, says she still sees upside for large China bank stocks, after a recent trading frenzy sent the CSI 300 Financials Index to its highest level since April 2022. She speaks with...
News Clip6:41
Bloomberg

Australian Shadow Treasurer on Budget Surplus

Higher Ed
Australian Shadow Treasurer Angus Taylor discusses the country's budget surplus and outlook for the economy. He speaks with Bloomberg's Paul Allen on "Bloomberg Daybreak: Asia."
News Clip6:28
Bloomberg

Turnaround Specialist Etlin Expects Retail Debt Shakeout

Higher Ed
Holly Etlin, a partner at AlixPartners and interim CFO at Bed Bath & Beyond, discusses the state of distressed debt in the retail industry with Scarlet Fu and Romaine Bostick on "Bloomberg Markets: The Close." Follow Bloomberg for...